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About the Listing 384018 -
ATTENTION INVESTORS, FIRST-TIME BUYERS & DEVELOPERS! Welcome to 288 First Avenue, an incredible opportunity packed with unmatched value and versatility in the heart of Welland.For first-time buyers and investors looking to add sweat equity, this solid 3-bedroom, 1-bathroom bungalow offers approximately 1,059 square feet of main-floor living space, a full basement waiting for your finishing touches, and a detached garage. The existing home needs a few cosmetic updates, the location is tough to beat-just a couple of blocks from Niagara College and surrounded by all the local amenities, shopping, and transit options you need.DEVELOPERS TAKE NOTE: The real magic here lies in the land. This house sits on a massive 70' x 159' lot zoned RL1, consisting of two 35-foot lots that are already severed. The development potential here is massive. Explore your options ranging from building modern semi-detached units, a two-unit residential setup, or maximizing the footprint for a potential multi-residential development of up to 8 units.Whether you want to renovate the existing home and build on the vacant lot, rent it out while drawing up architectural plans, or execute a full multi-unit build, the possibilities are endless. Severed packages of this size in premium locations do not come along often-schedule your viewing today and unlock the potential!
Listing Highlights
Status
Active
Days on Site
36
Property Type
Residential
MLS ®
X13427040
Year Built
Total Square Footage
700
Lot/Acreage
0.26
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Partially Finished
- Other: In-Law Capability,Primary Bedroom - Main Floor
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Deck,Porch
- Sewer: Sewer
- Parking Features: Detached,Has Garage
Financial Details
- Tax Amount: $3,537
- Taxes w/Assessments: N/A
- Tax/Property ID: 640850409
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
288 First Ave Welland, ON L3C 1Y8
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